๐ $BTC Market Update โ Bull Run Starting or Just a Relief Rally? ๐ค
$BTC just bounced back to $85,644 (+1.35%) after hitting a local bottom at $80,600, with yesterdayโs high touching $86,860. ๐ Many were waiting for a deeper dip, but the market seems to be front-running expectations again.
๐ข Signs of Strength:
Strong buying pressure at the low zone.
Recent green candles after a long downtrend.
MA trending up on lower timeframes.
Volume spike at the bounce โ possible accumulation.
๐ด Still Cautions:
Overall 30/90 day performance still negative (โ23% / โ25%).
Market sentiment was expecting $78Kโ$80K area, but buyers stepped in early.
Could be early bull momentum or just a liquidity trap.
๐ฌ My Take:
It feels like the market is trying to shake out late bears. ๐ป Many sidelined for โone more dipโโฆ and maybe that dip was the opportunity. ๐
๐ข Bull run starts quietly when most people are still waiting for lower prices.
๐ What do you think?
A) Bull run starting ๐
B) Just a bounce ๐
C) Waiting for another dip ๐
